Tearsheet

Power Solutions International (PSIX)


Market Price (2/3/2026): $72.05 | Market Cap: $1.7 Bil
Sector: Industrials | Industry: Industrial Machinery & Supplies & Components

Power Solutions International (PSIX)


Market Price (2/3/2026): $72.05
Market Cap: $1.7 Bil
Sector: Industrials
Industry: Industrial Machinery & Supplies & Components

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%
Key risks
PSIX key risks include [1] lingering accounting and governance issues, Show more.
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 55%
 
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35%
 
3 Megatrend and thematic drivers
Megatrends include Hydrogen Economy, US Energy Independence, and Smart Grids & Grid Modernization. Themes include Hydrogen Infrastructure, Show more.
 
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 7.3%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.2%
1 Strong revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is 55%
2 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -35%
3 Megatrend and thematic drivers
Megatrends include Hydrogen Economy, US Energy Independence, and Smart Grids & Grid Modernization. Themes include Hydrogen Infrastructure, Show more.
4 Key risks
PSIX key risks include [1] lingering accounting and governance issues, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Power Solutions International (PSIX) stock has lost about 15% since 10/31/2025 because of the following key factors:

1. Management Commentary on Q3 2025 Earnings: Despite Power Solutions International reporting strong third-quarter 2025 financial results on November 6, 2025, with EPS of $1.20 beating expectations and sales up 62% year-over-year, management commentary accompanying the results pointed to emerging margin pressure and signs of revenue deceleration. This outlook triggered a sharp reversal and a steep sell-off in the stock from the $90-$100 range into the $60s.

2. Deceleration in Projected Earnings Growth: The market reacted negatively to consensus forecasts for fiscal year 2025, which suggested a significant slowdown in earnings per share (EPS) growth to approximately 10% for the year, a substantial drop from the previous year's anticipated +100% year-over-year spike. This projected deceleration in future profitability contributed to the stock's decline.

Show more

Stock Movement Drivers

Fundamental Drivers

The -15.8% change in PSIX stock from 10/31/2025 to 2/2/2026 was primarily driven by a -22.9% change in the company's P/E Multiple.
(LTM values as of)103120252022026Change
Stock Price ($)85.6272.05-15.8%
Change Contribution By: 
Total Revenues ($ Mil)59767513.1%
Net Income Margin (%)18.6%17.9%-3.3%
P/E Multiple17.813.7-22.9%
Shares Outstanding (Mil)2323-0.1%
Cumulative Contribution-15.8%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 2/2/2026
ReturnCorrelation
PSIX-15.8% 
Market (SPY)2.0%40.3%
Sector (XLI)8.0%44.4%

Fundamental Drivers

The -23.1% change in PSIX stock from 7/31/2025 to 2/2/2026 was primarily driven by a -48.4% change in the company's P/E Multiple.
(LTM values as of)73120252022026Change
Stock Price ($)93.7572.05-23.1%
Change Contribution By: 
Total Revenues ($ Mil)51667530.9%
Net Income Margin (%)15.7%17.9%14.0%
P/E Multiple26.513.7-48.4%
Shares Outstanding (Mil)2323-0.1%
Cumulative Contribution-23.1%

LTM = Last Twelve Months as of date shown

Market Drivers

7/31/2025 to 2/2/2026
ReturnCorrelation
PSIX-23.1% 
Market (SPY)10.3%41.2%
Sector (XLI)10.7%33.5%

Fundamental Drivers

The 70.3% change in PSIX stock from 1/31/2025 to 2/2/2026 was primarily driven by a 54.8% change in the company's Total Revenues ($ Mil).
(LTM values as of)13120252022026Change
Stock Price ($)42.3172.0570.3%
Change Contribution By: 
Total Revenues ($ Mil)43667554.8%
Net Income Margin (%)12.5%17.9%44.0%
P/E Multiple17.913.7-23.5%
Shares Outstanding (Mil)2323-0.2%
Cumulative Contribution70.3%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2025 to 2/2/2026
ReturnCorrelation
PSIX70.3% 
Market (SPY)16.6%54.6%
Sector (XLI)22.3%52.9%

Fundamental Drivers

The 1771.4% change in PSIX stock from 1/31/2023 to 2/2/2026 was primarily driven by a 1210.6% change in the company's P/S Multiple.
(LTM values as of)13120232022026Change
Stock Price ($)3.8572.051771.4%
Change Contribution By: 
Total Revenues ($ Mil)47167543.3%
P/S Multiple0.22.51210.6%
Shares Outstanding (Mil)2323-0.4%
Cumulative Contribution1771.4%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2023 to 2/2/2026
ReturnCorrelation
PSIX1771.4% 
Market (SPY)77.5%6.9%
Sector (XLI)71.6%3.3%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
PSIX Return0%0%0%673%92%25%1761%
Peers Return25%-1%16%30%24%15%167%
S&P 500 Return27%-19%24%23%16%1%85%

Monthly Win Rates [3]
PSIX Win Rate0%0%0%8%50%50% 
Peers Win Rate60%45%43%65%62%50% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
PSIX Max Drawdown0%0%0%-47%-37%0% 
Peers Max Drawdown-2%-27%-14%-8%-20%0% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-1% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: CMI, CAT, GNRC, WAB, DE.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 2/2/2026 (YTD)

How Low Can It Go

Unique KeyEventPSIXS&P 500
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-67.4%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven206.5%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven1,697 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-66.2%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven195.7%24.7%
2018 CorrectionTime to BreakevenTime to Breakeven53 days120 days

Compare to CMI, CAT, GNRC, WAB, DE

In The Past

Power Solutions International's stock fell -67.4% during the 2020 Covid Pandemic from a high on 1/8/2020. A -67.4% loss requires a 206.5% gain to breakeven.

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About Power Solutions International (PSIX)

Power Solutions International, Inc. designs, engineers, manufactures, markets, and sells engines and power systems in the United States, North America, the Pacific Rim, Europe, and internationally. The company offers alternative-fueled power systems for original equipment manufacturers of off-highway industrial equipment and on-road vehicles; and large custom-engineered integrated electrical power generation systems. It also provides basic engine blocks integrated with fuel system parts, as well as complete packaged power systems, including combined front accessory drives, cooling systems, electronic systems, air intake systems, fuel systems, housings, power takeoff systems, exhaust systems, hydraulic systems, enclosures, brackets, hoses, tubes, packaging, telematics, and other assembled components. In addition, the company offers compression and spark-ignited internal combustion engines that run on various fuels, such as natural gas, propane, gasoline, diesel, and biofuels in the energy, industrial, and transportation markets. Further, it provides standby and prime power generation, demand response, microgrid, renewable energy resiliency, arbor equipment, and combined heat and power; forklifts, wood chippers, stump grinders, sweepers/industrial scrubbers, aerial lift platforms/scissor lifts, irrigation pumps, oil and gas compression, oil lifts, off road utility vehicles, ground support equipment, ice resurfacing equipment, and pump jacks; and light and medium duty vocational trucks and vans, school and transit buses, and terminal and utility tractors. The company has a strategic collaboration agreement with Weichai Power Co., Ltd. Power Solutions International, Inc. was founded in 1985 and is headquartered in Wood Dale, Illinois.

AI Analysis | Feedback

Analogy 1: A specialized engine manufacturer similar to a smaller, multi-fuel version of Cummins, focusing on industrial and commercial applications for natural gas, propane, and gasoline engines.

Analogy 2: Like the engine and power systems division of Caterpillar, but specializing in advanced, emission-certified solutions for a broad range of industrial original equipment manufacturers (OEMs).

AI Analysis | Feedback

  • Industrial Engines: Spark-ignited engines designed to power equipment in material handling, power generation, oil and gas, and commercial turf applications.
  • On-Road Engines: Engines developed for use in medium-duty trucks, school buses, and other commercial vehicles, primarily utilizing alternative fuels like natural gas and propane.

AI Analysis | Feedback

Power Solutions International (PSIX) primarily sells its industrial internal combustion engines and power systems to other companies, specifically Original Equipment Manufacturers (OEMs), who integrate PSIX's products into their own final equipment. Based on recent financial filings, PSIX's major customers include:
  • Generac Power Systems, Inc. (Symbol: GNRC)
  • Terex Corporation (Symbol: TEX)
  • Hyster-Yale Materials Handling, Inc. (Symbol: HY)

AI Analysis | Feedback

Supplier Name Symbol
General Motors Company GM
Daimler AG
Kubota Corporation KUBTY

AI Analysis | Feedback

Dino Xykis, Chief Executive Officer

Dino Xykis was appointed Chief Executive Officer of Power Solutions International on April 24, 2023, having previously served as Interim Chief Executive Officer from June 1, 2022, to April 24, 2023. He also retains his role as Chief Technical Officer, a position he has held since March 15, 2021. Mr. Xykis has over 30 years of experience in multi-disciplined engineering areas, including senior management and executive positions at publicly traded companies such as Cummins Inc. and Generac Power Systems. He holds a Bachelor's degree in Structural Engineering, a Master's degree in Vibration/Dynamics, and a PhD in Structural/Applied Mechanics, all from the University of Minnesota, Minneapolis. From 1996 to 2001, he served on the audit and compensation committees of the Board of Directors of Image Sensing Systems, a publicly traded company.

Xun (Kenneth) Li, Chief Financial Officer

Xun (Kenneth) Li joined Power Solutions International as Chief Financial Officer on August 29, 2022. He brings over 20 years of professional experience in finance, accounting, financial planning & analysis, internal controls, and strategy. Before joining PSI, Mr. Li served as Chief Financial Officer for ND Paper from 2020 to August 2022. Prior to that, he spent 2008 through 2020 at Caterpillar Inc., holding various financial leadership roles, including CFO of the global mining machine product group from 2013 to 2020. Earlier in his career, he held finance leadership roles of increasing responsibility at Ford Motor Company from 2003 to 2008. Mr. Li is a licensed CPA and holds an MBA with high distinction and an M.S. in Accounting from the University of Michigan, an M.S. in Mechanical Engineering from the University of Oklahoma, and a B.S. in Mechanical Engineering from Shanghai JiaoTong University.

Jiwen Zhang, Chairman of the Board

Jiwen Zhang has served as Chairman of the Board for Power Solutions International since March 29, 2023. He also holds the position of Chairman and Chief Executive Officer of Weichai America, a wholly owned subsidiary of Weichai Power, since February 2023. Mr. Zhang possesses over twenty years of experience in the engine industry, including serving as President of Kohler Power Systems from January 2013 to December 2022, where he oversaw global business operations. His previous roles include Managing Director Commercial of Fiat Powertrain APAC from September 2010 to December 2012, and Vice President of Volvo Penta Region Asia from May 2002 to August 2010.

Sidong Shao, Executive Vice President

Mr. Sidong Shao is an Executive Vice President at Power Solutions International, Inc. In this senior leadership role, he is responsible for driving key strategic initiatives and overseeing significant operational areas of the company, contributing to its overall direction and success.

Matthew Thomas, Corporate Controller

Matthew Thomas serves as the Corporate Controller at Power Solutions International, Inc. He held the role of interim Chief Financial Officer from April 2022 until Xun (Kenneth) Li's appointment in August 2022, after which he resumed his position as Corporate Controller. Mr. Thomas has over 12 years of experience in accounting and finance. He joined PSI as Director of Accounting in March 2018 and has held responsibilities for leading accounting, internal/external reporting, and treasury areas. Prior to PSI, he served as Senior Manager, Accounting at Akorn, Inc., a publicly traded specialty pharmaceuticals company, from November 2014 through March 2018. He is a licensed CPA and holds a Bachelor of Science degree in Accountancy from Northern Illinois University.

AI Analysis | Feedback

The key risks to Power Solutions International's (PSIX) business include:

  1. Lingering Accounting Concerns and Governance Issues: Power Solutions International has faced scrutiny over its accounting practices, which continue to be a significant concern for investors. These "lingering memories of past accounting issues" and "governance and disclosure issues" are identified as a "key near-term swing factor" that can impact investor confidence and valuation.
  2. Execution Risk and Potential for Slower Growth: Despite operating in high-growth markets like AI and data centers, PSIX faces the risk of slower growth and a potential loss of market share if its execution does not match that of its peers. Unclear or overly conservative guidance from management has also led to investor apprehension and a significant drawdown in share price. The company's ability to capitalize on the data center boom and maintain its growth trajectory against larger competitors like CMI and CAT is critical.
  3. Margin Pressure and Operational Inefficiencies: PSIX has experienced significant pressure on its gross margins due to an unfavorable product mix, particularly a surge in lower-margin product sales, and operational inefficiencies. While some of these headwinds are expected to be temporary, persistent margin weakness could negatively impact the company's overall earnings growth and profitability despite strong revenue performance.

AI Analysis | Feedback

The primary clear emerging threat to Power Solutions International (PSIX) is the rapid and accelerating electrification of industrial and commercial applications.

There is a strong global imperative towards decarbonization and stricter emission regulations, driving a fundamental shift away from internal combustion engines (ICE) towards battery-electric and fuel cell electric power systems. This trend directly impacts many of the sectors PSIX serves, including material handling, construction, power generation, and commercial vehicles. Major manufacturers and end-users are increasingly investing in and adopting electric solutions due to factors such as zero tailpipe emissions, reduced noise, lower maintenance requirements, and potentially lower total cost of ownership in many applications.

As these electric technologies mature and become more widely adopted, they represent a disruptive threat to the demand for conventional ICE engines, including those powered by alternative fuels, which are the core products of PSIX. This market transformation is analogous to how streaming services disrupted physical media rentals or how smartphones displaced traditional feature phones, by offering a fundamentally different and often superior solution to an existing need.

AI Analysis | Feedback

Power Solutions International (PSIX) operates in several addressable markets related to engines and power systems. The main products and services include a range of advanced, emission-certified engines (running on natural gas, propane, gasoline, diesel, and biofuels) and complete power systems for various applications such as stationary and mobile power generation, industrial equipment, and transportation.

The addressable markets for Power Solutions International's products and services are sized as follows:

  • Global Industrial Engine Market: This market was valued at approximately USD 125.1 billion in 2023 and is projected to reach USD 319.51 billion by 2033. Another estimate places the global market at US$126.8 billion in 2024, expected to reach US$155.5 billion by 2030.
  • North America Industrial Engine Market: This market was valued at USD 31.9 billion in 2023 and is projected to reach USD 42.7 billion by 2032. The U.S. industrial engine market alone generated USD 11,266.5 million in 2024 and is expected to reach USD 16,746.3 million by 2030. North America accounted for over 27% of the global industrial engine market in 2024.
  • Global Natural Gas Engine Market: The global natural gas engine market was valued consistently between USD 5.01 billion and USD 5.8 billion in 2024. It is projected to grow to a range of USD 7.79 billion to USD 8.28 billion by 2032 or 2033.
  • North America Industrial Gas Engines Market: This market was valued at USD 2,142.95 million (USD 2.14 billion) in 2024 and is estimated to reach USD 3,554.68 million (USD 3.55 billion) by 2033. North America represented 33.9% of the global Industrial Gas Engines Market size in 2024.
  • Global Power Generation Market: This market was broadly estimated between USD 1.2 trillion and USD 2.01 trillion in 2024 and is projected to reach between USD 2.44 trillion and USD 3.4 trillion by 2030 to 2035.
  • U.S. Industrial Power Generation Market: This market was estimated at US$338.8 billion in 2024.

AI Analysis | Feedback

Power Solutions International (PSIX) is expected to drive future revenue growth over the next 2-3 years through several key strategies and market trends:

  1. Growth in the Power Systems Segment, particularly Data Centers and AI Infrastructure: The most significant driver for PSIX's revenue growth is the robust demand for its power systems, especially those supporting data centers and artificial intelligence (AI) infrastructure. The company has seen substantial sales increases in this segment, and forecasts indicate continued strong growth in the power systems end market. For example, the power systems segment drove an $85.3 million boost in Q3 2025 sales, and the company projects a 45% sales growth for 2025, primarily fueled by data center products.
  2. Strategic Shift to High-Growth and Higher-Margin Markets: PSIX is actively reallocating its focus and resources towards sectors with higher growth potential and better margins. This strategic pivot involves moving away from more mature markets, such as certain industrial and transportation applications (e.g., truck and school bus), and prioritizing areas like data centers and oil & gas. This deliberate shift is intended to enhance overall revenue growth and improve the company's profitability.
  3. Expansion of Manufacturing Capacity and Operational Efficiencies: To meet the escalating demand, particularly from the data center market, PSIX is expanding its manufacturing capacity. The company is increasing production across key data center product lines and implementing targeted operational improvements to enhance efficiency and execution. This direct investment in production capabilities is crucial for enabling higher sales volumes in the coming years.
  4. Fuel-Agnostic Product Offerings and Emission-Certified Engines: PSIX's ability to manufacture and service power systems that operate on a variety of non-diesel fuels, including natural gas, propane, gasoline, and biofuels, positions it favorably. This fuel-agnostic approach allows customers to choose optimal solutions based on cost, availability, and environmental considerations. The company's focus on emission-certified engines aligns with increasing corporate ESG initiatives and regulatory requirements, potentially opening new market opportunities and supporting future growth.

AI Analysis | Feedback

Below is a summary of Power Solutions International (PSIX)'s capital allocation decisions over the last 3-5 years:

Share Repurchases

  • Information regarding specific share repurchase programs or the dollar amount of share repurchases made by Power Solutions International within the last 3-5 years is not available in the provided search results.

Share Issuance

  • Power Solutions International had approximately 23.04 million shares outstanding as of September 30, 2025, increasing slightly from 23.00 million shares outstanding at December 31, 2024.
  • As of March 31, 2025, the company had 23.117 million shares issued and 23.008 million shares outstanding, compared to 23.000 million shares outstanding at December 31, 2024.

Inbound Investments

  • Weichai Power Co., Ltd. is a significant shareholder, holding 46.03% of PSIX shares as of September 10, 2025. However, their initial strategic investment of $60 million in PSI through newly issued common equity and preferred shares was announced in March 2017, falling outside the 3-5 year period.

Outbound Investments

  • Information regarding Power Solutions International making strategic investments in other companies (e.g., acquisitions or significant equity stakes) within the last 3-5 years is not available in the provided search results.

Capital Expenditures

  • Capital expenditures for Power Solutions International were reported as -$4.56 million in 2024, -$5.04 million in 2023, -$1.35 million in 2022, and -$1.97 million in 2021.
  • For the first quarter of 2025, capital expenditures were -$3.403 million, an increase from -$0.815 million in the first quarter of 2024.
  • The primary focus of capital expenditures and projected growth is on the power systems end market, particularly products supporting data centers and AI infrastructure, as well as oil & gas applications.

Better Bets vs. Power Solutions International (PSIX)

Trade Ideas

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Unique Key

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Peer Comparisons

Peers to compare with:

Financials

PSIXCMICATGNRCWABDEMedian
NamePower So.Cummins Caterpil.Generac Westingh.Deere  
Mkt Price72.05595.13690.91170.96233.69532.25382.97
Mkt Cap1.782.1323.810.039.8143.961.0
Rev LTM67533,58164,6714,35210,78544,66422,183
Op Inc LTM1113,75411,4154971,7718,4152,762
FCF LTM522,2787,5604241,2683,2311,773
FCF 3Y Avg511,5948,6164051,2053,9271,399
CFO LTM613,50911,5415881,4907,4592,500
CFO 3Y Avg572,78611,9365381,4048,4262,095

Growth & Margins

PSIXCMICATGNRCWABDEMedian
NamePower So.Cummins Caterpil.Generac Westingh.Deere  
Rev Chg LTM54.8%-1.8%-1.5%5.5%4.4%-11.6%1.4%
Rev Chg 3Y Avg15.9%9.4%4.9%-1.4%10.0%-3.4%7.1%
Rev Chg Q62.0%-1.6%9.5%-5.0%8.4%11.7%8.9%
QoQ Delta Rev Chg LTM13.1%-0.4%2.4%-1.3%2.1%2.9%2.3%
Op Mgn LTM16.4%11.2%17.7%11.4%16.4%18.8%16.4%
Op Mgn 3Y Avg13.8%10.4%18.9%10.6%14.8%21.9%14.3%
QoQ Delta Op Mgn LTM-0.8%0.0%-0.6%-1.3%0.2%-1.1%-0.7%
CFO/Rev LTM9.1%10.4%17.8%13.5%13.8%16.7%13.7%
CFO/Rev 3Y Avg10.8%8.3%18.2%12.9%13.7%16.4%13.3%
FCF/Rev LTM7.7%6.8%11.7%9.7%11.8%7.2%8.7%
FCF/Rev 3Y Avg9.7%4.8%13.1%9.7%11.7%7.6%9.7%

Valuation

PSIXCMICATGNRCWABDEMedian
NamePower So.Cummins Caterpil.Generac Westingh.Deere  
Mkt Cap1.782.1323.810.039.8143.961.0
P/S2.52.45.02.33.73.22.8
P/EBIT15.019.726.522.422.215.320.9
P/E13.730.834.932.133.828.631.4
P/CFO27.023.428.116.926.719.325.1
Total Yield7.3%4.5%3.7%3.1%3.4%4.7%4.1%
Dividend Yield0.0%1.3%0.8%0.0%0.4%1.2%0.6%
FCF Yield 3Y Avg28.6%3.4%4.7%4.8%3.9%3.3%4.3%
D/E0.10.10.10.20.10.40.1
Net D/E0.10.10.10.10.10.40.1

Returns

PSIXCMICATGNRCWABDEMedian
NamePower So.Cummins Caterpil.Generac Westingh.Deere  
1M Rtn17.1%14.0%15.7%21.2%8.0%14.0%14.9%
3M Rtn-19.1%36.6%21.4%4.4%14.2%15.6%14.9%
6M Rtn-19.3%66.1%60.1%-13.0%25.3%5.0%15.1%
12M Rtn70.3%70.4%88.6%14.5%13.0%13.2%42.4%
3Y Rtn1,771.4%149.6%192.8%39.6%125.1%36.7%137.3%
1M Excs Rtn24.2%14.7%19.0%23.5%7.6%12.4%16.8%
3M Excs Rtn-15.4%34.2%16.5%0.9%12.9%12.5%12.7%
6M Excs Rtn-29.0%57.0%50.2%-23.5%13.5%-4.9%4.3%
12M Excs Rtn57.0%53.9%71.9%-2.6%-3.0%-2.5%25.7%
3Y Excs Rtn1,699.6%86.1%104.9%-20.5%56.5%-40.0%71.3%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20242023202220212020
Single Segment459481456418546
Total459481456418546


Price Behavior

Price Behavior
Market Price$72.05 
Market Cap ($ Bil)1.7 
First Trading Date04/19/2017 
Distance from 52W High-37.8% 
   50 Days200 Days
DMA Price$47.20$33.59
DMA Trendupdown
Distance from DMA52.6%114.5%
 3M1YR
Volatility79.5%88.8%
Downside Capture384.45270.48
Upside Capture227.43285.86
Correlation (SPY)40.3%54.5%
PSIX Betas & Captures as of 1/31/2026

 1M2M3M6M1Y3Y
Beta1.802.702.842.862.502.28
Up Beta-0.33-0.380.992.922.281.60
Down Beta-0.711.232.942.832.531.68
Up Capture698%695%287%255%854%1099%
Bmk +ve Days11223471142430
Stock +ve Days11202654120133
Down Capture231%265%314%260%157%100%
Bmk -ve Days9192754109321
Stock -ve Days9213571130143

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSIX
PSIX64.6%88.6%0.96-
Sector ETF (XLI)21.6%19.0%0.9053.1%
Equity (SPY)16.0%19.2%0.6454.8%
Gold (GLD)66.9%23.7%2.113.4%
Commodities (DBC)7.0%16.3%0.2323.6%
Real Estate (VNQ)2.9%16.5%-0.0030.7%
Bitcoin (BTCUSD)-19.7%39.9%-0.4621.4%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSIX
PSIX21.6%98.8%1.36-
Sector ETF (XLI)15.7%17.2%0.7344.5%
Equity (SPY)14.1%17.1%0.6648.2%
Gold (GLD)19.9%16.6%0.975.7%
Commodities (DBC)11.4%18.9%0.4925.1%
Real Estate (VNQ)4.5%18.8%0.1518.3%
Bitcoin (BTCUSD)20.9%57.6%0.5621.0%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with PSIX
PSIX4.7%113.0%0.70-
Sector ETF (XLI)15.3%19.8%0.6822.5%
Equity (SPY)15.9%17.9%0.7622.3%
Gold (GLD)15.0%15.3%0.813.3%
Commodities (DBC)8.3%17.6%0.3913.7%
Real Estate (VNQ)5.8%20.8%0.2510.6%
Bitcoin (BTCUSD)71.1%66.4%1.108.5%

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Short Interest

Short Interest: As Of Date1152026
Short Interest: Shares Quantity1.8 Mil
Short Interest: % Change Since 123120252.3%
Average Daily Volume0.4 Mil
Days-to-Cover Short Interest4.5 days
Basic Shares Quantity23.0 Mil
Short % of Basic Shares8.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
11/6/2025-19.1%-28.3%-21.6%
8/8/2025-3.4%-14.1%-6.9%
3/24/20257.1%-15.3%-19.4%
11/7/20240.0%0.0%0.0%
8/12/20240.0%0.0%0.0%
3/14/20240.0%0.0%0.0%
11/9/20230.0%0.0%0.0%
8/14/20230.0%0.0%0.0%
...
SUMMARY STATS   
# Positive161515
# Negative233
Median Positive0.0%0.0%0.0%
Median Negative-11.3%-15.3%-19.4%
Max Positive7.1%0.0%0.0%
Max Negative-19.1%-28.3%-21.6%

SEC Filings

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Report DateFiling DateFiling
09/30/202511/06/202510-Q
06/30/202508/08/202510-Q
03/31/202505/08/202510-Q
12/31/202403/24/202510-K
09/30/202411/07/202410-Q
06/30/202408/12/202410-Q
03/31/202405/07/202410-Q
12/31/202303/14/202410-K
09/30/202311/09/202310-Q
06/30/202308/14/202310-Q
03/31/202305/11/202310-Q
12/31/202204/14/202310-K
09/30/202211/14/202210-Q
06/30/202208/11/202210-Q
03/31/202205/16/202210-Q
12/31/202103/31/202210-K

Insider Activity

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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Weichai, America CorpSee Explanation of ResponsesSell915202593.4679,8397,461,417990,608,847Form
2He, Hong DirectSell912202595.001,00095,0001,923,750Form
3He, Hong DirectSell912202594.001,500141,0001,762,500Form
4Weichai, America CorpSee Explanation of ResponsesSell912202592.4236,5543,378,488987,057,393Form
5Xykis, ConstantineCEODirectSell911202591.317,854  Form